Specific Export Orders definition

Specific Export Orders means those Export Orders specified in Section 5.D. of the Loan Authorization Agreement as applicable for a Transaction Specific Revolving Loan Facility or a Transaction Specific Loan Facility.
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Specific Export Orders means those Export Orders specified in Section 5(D) of the Loan Authorization Agreement. "Standby Letter of Credit" shall mean those letters of credit subject to the ISP or UCP issued or caused to be issued by Lender for Borrower's account that can be drawn upon by a Buyer only if Borrower fails to perform all of its obligations with respect to an Export Order. "Transaction Specific Loan Facility" shall mean a credit facility or a portion thereof established by Lender in favor of Borrower for the purpose of providing pre-export working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations are made based solely on the Export-Related Borrowing Base relating to Specific Export Orders and once such Credit Accommodations are repaid they may not be reborrowed. "Transaction Specific Revolving Loan Facility" shall mean a Revolving Credit Facility established to provide financing of Specific Export Orders. "UCC" shall mean the Uniform Commercial Code as the same may be in effect from time to time in the jurisdiction in which Borrower or Collateral is located. "UCP" shall mean the Uniform Customs and Practice for Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500 and any amendments and revisions thereof. "U.S." or "United States" shall mean the United States of America and its territorial possessions. "U.S. Content" shall mean with respect to any Item all the labor, materials and services which are of U.S. origin or manufacture, and which are incorporated into an Item in the United States. "Warranty" shall mean Borrower's guarantee to Buyer that the Items will function as intended during the warranty period set forth in the applicable Export Order. "Warranty Letter of Credit" shall mean a Standby Letter of Credit which is issued or caused to be issued by Lender to support the obligations of Borrower with respect to a Warranty or a Standby Letter of Credit which by its terms becomes a Warranty Letter of Credit.
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Specific Export Orders means those Export Orders disclosed in writing to the Bank for a Transaction Specific Revolving Loan Facility.
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Examples of Specific Export Orders in a sentence

  • All Export-Related Overseas Inventory relating to Specific Export Order(s).

  • All Export-Related Inventory relating to Specific Export Order(s).

  • All Export-Related Overseas Accounts Receivable relating to Specific Export Order(s).

  • All Export-Related Accounts Receivable relating to Specific Export Order(s).

  • Bank agrees from time to time during the term thereof to issue or cause an affiliate to issue standby letters of credit for the account of Borrower for the purposes of providing a performance guarantee for certain work to be performed by Borrower or its affiliates in accordance with the Specific Export Order(s) (“Standby LCs”); provided however, that the aggregate amount of all outstanding Standby LCs shall not at any time exceed Nine Million Five Hundred Thousand and No/100 Dollars ($9,500,000.00).

  • If, at any time, any portion of a Standby LC is used to support a Warranty under the Specific Export Order(s), Borrower shall deposit and maintain Cash Collateral in and to the LC Account in an amount equal to one-hundred percent (100%) of the maximum potential commitment amount of the Warranty provided under the Specific Export Order(s) for the period between the day such Standby LC is used to support the Warranty and the expiration date of such Standby LC.

  • Specific Export Orders may be in the form of a letter of credit from the Buyer, but must be advised or confirmed by the Bank, or assigned to the Bank by an institution advising or confirming such letter of credit acceptable to the Bank.

  • The Ex-Im Line is a transaction specific revolving line of credit providing for cash advances and Standby and Warranty Letters of Credit in connection with Specific Export Orders as they arise from time to time, subject to the terms and conditions of this Agreement.


More Definitions of Specific Export Orders

Specific Export Orders means those Export Orders specified in Section 5.0. of the Loan Authorization Agreement as applicable for a Transaction
Sample 1
Specific Export Orders means those Export Orders specified in Section 5.D. of the Loan Authorization Agreement as applicable for a Transaction Specific Revolving Loan Facility or a Transaction Specific Loan Facility. “Standby Letters of Credit” shall mean those letters of credit subject to the ISP or UCP issued or caused to be issued by Lender for Borrower's account that can be drawn upon by a Buyer only if Borrower fails to perform all of its obligations with respect to an Export Order.
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Related to Specific Export Orders

  • Export Order means a written export order or contract for the purchase by the Buyer from Borrower of any of the Items.

  • Export Laws means all applicable import, export control and sanctions, including but without limitation, the laws of the United States, the EU, and Germany.

  • Export means the initial movement of defense articles from the United States Community to the United Kingdom Community and the Australia community.

  • Export Controls Software available on the Services is further subject to United States Export Controls. No software available on the Services may be downloaded or exported (i) into (or to a national or resident of) any country to which the United States has embargoed goods; or (ii) to anyone on the United States Treasury Department's list of Specially Designated Nationals or using the Commerce Department's Table of Deny Orders. By downloading any Software, you represent and warrant that you are not located in, or under the control of, or a national or resident of any such country or on any such list.

  • EU Bail-In Legislation Schedule means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

  • Foreign support order means a support order of a foreign tribunal.

  • Sanctions Programs means any OFAC economic sanction program (including, without limitation, programs related to Crimea, Cuba, Iran, North Korea, Sudan and Syria).